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DATE:   6/27/2004                        COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         PAGE:      9
TIME:     20:44                                      2003 PROPERTY VALUE STUDY                                          RPT: VAL7018
                                                   FIELD STUDIES CATEGORY WORKSHEET
                                                             194  Red River
                                                         194-905  Detroit

CATEGORY A:  SINGLE-FAMILY RESIDENCES
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             LEGAL                  APPRAISAL ROLL            S       SALE          SALE            CAD          ADJ         IND
          DESCRIPTION               ACCOUNT NUMBER            C       DATE         PRICE         APPR VAL    SALE PRICE     RATIO
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  A0028 BAILEY! WM                 194-0-10028-00000-0062-00  C       5/02         16,000          17,760        16,000    1.1100
  ABSTRACT 700 JOHN ROBBINS        194-0-10700-00000-0330-00  C      12/02         33,825          35,570        33,825    1.0500
  NORTH CREST-DET! BLOCK 1! LOT    194-0-13060-00100-0030-00  Y       8/02         39,000          38,140        39,000     .9800
  ORIGINAL-DET! BLOCK 12! LOT 3    194-0-13090-01200-0020-00  C       8/02         18,000          17,080        18,000     .9500
  S&S-DETROIT! BLOCK 2! LOT 10-1   194-0-13150-00200-0100-00  C       8/02         89,500          83,080        89,500     .9300

    5 SALES

CATEGORY A:  SINGLE-FAMILY RESIDENCES
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             LEGAL                  APPRAISAL ROLL                             LOC       ADD          CAD        TOTAL       IND
          DESCRIPTION               ACCOUNT NUMBER                             MOD       OBS       APPR VAL    APPR VAL     RATIO
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  AB 8 1 AC                        194-0-10008-00000-0109-00                   .68       .00         19,970      20,485     .9700
  AB 13 1 AC                       194-0-10013-00000-0061-00                   .68       .00         52,190      57,610     .9100
  AB 234 16.5 AC                   194-0-10234-00000-0600-00                   .68       .00         73,560      75,249     .9800
  AB 234 2 AC                      194-0-10234-00000-0782-00                   .68       .00         31,900      38,710     .8200
  AB 301 1.510 AC                  194-0-10301-00000-0041-00                   .68       .00         46,140      45,743    1.0100
  AB 301 1.466 AC                  194-0-10301-00000-0050-00                   .68       .00         29,140      34,178     .8500
  AB 363 2.556 AC                  194-0-10363-00000-0111-00                   .68       .00         59,380      63,000     .9400
  AB 503 8.02 AC                   194-0-10503-00000-0036-00                   .68       .00         34,740      35,530     .9800
  AB 636  IMP ONLY                 194-0-10636-00000-0142-00                  1.00       .00         55,380      49,729    1.1100
  AB 636                           194-0-10636-00000-0340-00                   .68       .00         36,530      36,623    1.0000
  AB 636 1 AC                      194-0-10636-00000-0360-00                   .68       .00         49,630      48,914    1.0100
  AB 636                           194-0-10636-00000-0480-00                   .68       .00         54,490      59,731     .9100
  AB 873 .25 AC                    194-0-10873-00000-0310-00                   .68       .00         62,040      63,179     .9800
  AB 1082                          194-0-11082-00000-0110-00                   .68       .00         16,630      15,859    1.0500
  AB 6 IMP ONLY                    194-0-11152-00000-0012-00                   .68       .00         45,920      48,787     .9400
  CRITTENDEN DET BLK 2 LT 1 .161   194-0-13030-00200-0010-00                   .68       .00         10,790      10,648    1.0100
  NORTH CREST-DET BLK 1 LT 2 .33   194-0-13060-00100-0020-00                   .68       .00         54,190      58,536     .9300
  ORIG DET BLK 2 LT 1-12           194-0-13090-00200-0010-00                   .68       .00         71,330      66,594    1.0700
  ORIG DET, BLK 27 LT 1-3          194-0-13090-02700-0010-00                   .68       .00         33,470      35,490     .9400
  ORIG DET BLK 38 LT 2-3 .33 AC    194-0-13090-03800-0020-00                   .68       .00          9,510       9,377    1.0100
  PARISH-DET BLK 1 LT 6-7          194-0-13120-00100-0060-00                   .68       .00         35,440      33,947    1.0400
  ORIG-BAGWELL BLK 34 LT 3-5       194-0-16030-03400-0030-00                   .68       .00         21,640      23,661     .9100

   22 APPRAISALS
                                                                                         STRATIFIED WEIGHTED MEAN RATIO:     .9740



CATEGORY B:  MULTIFAMILY RESIDENCES
INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.

CATEGORY C:  VACANT LOTS/TRACTS
INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.

DATE: 6/27/2004 COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION PAGE: 10 TIME: 20:44 2003 PROPERTY VALUE STUDY RPT: VAL7018 FIELD STUDIES CATEGORY WORKSHEET 194 Red River 194-905 Detroit CATEGORY D: RURAL REAL ------------------------------------------------------------------------------------------------------------------------------------ LEGAL APPRAISAL ROLL S SALE CAD ADJ IND DESCRIPTION ACCOUNT NUMBER C DATE APPR VAL SALE PRICE RATIO ------------------------------------------------------------------------------------------------------------------------------------ AB 180 114 AC + 3.397 AC 194-0-10180-00000-0090-00 W 6/02 48,740 47,000 1.0400 A0234 DEAN! EDWARD M. 194-0-10234-00000-0470-00 C 5/03 15,250 15,500 .9800 A0365 GUEST! JOHN 194-0-10365-00000-0051-00 Y 1/02 67,510 68,905 .9800 AB 378 77.5 AC 194-0-10378-00000-0020-00 W 1/02 42,250 22,000 1.9200 A0471 JARMAN! ASA 194-0-10471-00000-0140-00 C 8/02 24,940 27,700 .9004 A0503 LICK! JOHN 194-0-10503-00000-0340-00 Y 9/02 20,590 26,500 .7800 A0509 LARGENT! JOHN 194-0-10509-00000-0151-00 C 11/02 104,240 108,247 .9630 AB 556 76.086 AC 194-0-10556-00000-0065-00 C 3/03 38,260 39,435 .9700 A0562 MOORE! ACRES 168.4 194-0-10562-00000-0210-00 C 1/03 127,750 125,000 1.0220 ABSTRACT 669 J PEW 194-0-10669-00000-0060-00 C 1/02 210,930 203,826 1.0349 ABSTRACT 751 C SIMMONS 194-0-10751-00000-0040-00 C 5/03 51,320 55,000 .9331 AB 826 49.438 AC 194-0-10826-00000-0070-00 W 1/02 33,370 30,000 1.1100 ABSTRACT 885 M D WRIGHT 194-0-10885-00000-0160-00 C 3/03 50,921 54,164 .9400 A0885 WRIGHT! MARCUS D. ! TRAC 194-0-10885-00000-0240-00 C 11/02 7,790 4,550 1.7121 ABSTRACT 1320 J P BRANNON 194-0-11320-00000-0010-00 C 4/03 75,850 73,300 1.0348 15 SALES STRATIFIED WEIGHTED MEAN RATIO: 1.0206 CATEGORY F: COMMERCIAL REAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE. CATEGORY L: COMMERCIAL PERSONAL INSUFFICIENT SALES OR APPRAISALS IN SAMPLE; STAFF ASSIGNED LOCAL VALUE.